Translated, an Italy and US-based company that pioneered the use of artificial intelligence to support professional translators, announces that the world-leading private investment house Ardian has invested $25 million via its Ardian Growth fund, leading a $30 million investment round.

Thymia has raised a £780k/$1.1m pre-seed round to scale its platform to assess for and monitor depression. The Thymia technology removes the subjectivity from mental health assessments: instead of answering questionnaires, patients play specially designed video games which use cutting-edge Neuropsychology, Linguistics and Machine Learning to detect signs of depression, as well as monitor whether symptoms are improving or worsening over time. 

Checksteps, the UK startup providing advanced Artificial Intelligence (AI) products for contextual content moderation to social media and enterprise platforms, has raised seed funding of $1.8m alongside the key hiring of Kyle Dent as Head of AI Ethics. The raise will advance its scale-to-market plans and enable further hires to enhance AI functionality - continuing its journey towards offering end-to-end content moderation processes. The round is led by Shutterstock’s Founder Jon Oringer, the former CBO of Uber Emil Michael and Microsoft’s former head of Corporate Strategy Charles Songhurst and is supported by VCs, Angel and private investors that share Checkstep’s vision of a safe, inclusive internet for all. 

Navenio, the UK company that has pioneered indoor location-based artificial intelligence to revolutionise workflows and can double the throughput of hospital teams, has been successful in securing funding in the latest round of the Artificial Intelligence in Health and Care Award.

Kavida.ai – a supply chain resiliency startup, founded in 2020, has secured £300,000 ($425,000) in pre seed capital from strategic investors. The company provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.

The Danish robotics upstart, WeldingDroid, is adding Thomas Visti to its ownership group. Thomas Visti, who is sometimes referred to as the Danish ‘King of Robotics’ as he has been a crucial component to the success of the Danish robotics industry, said WeldingDroid has incredible earning potential across many industries. The welding robot will do tank and pipe welding jobs six times as fast as conventional systems.

Dutch artificial intelligence company Sentinels has raised £4.9 million (€5.7 million) in a seed funding round, led by INKEF Capital, complemented by strategic angel investors and industry leaders – including several members of the early Adyen team. The startup has now raised a total of £7.3m (€8.4m) to date.  

Cognigy, a global leader in omnichannel Customer and Employee Service Automation with its Conversational AI platform Cognigy.AI, has raised $44 million in Series B funding led by global venture capital and private equity firm, Insight Partners. DN Capital, who led Cognigy’s Series A round 18 months ago also participated alongside, Global Brain, Nordic Makers, Inventures and Digital Innovation and Growth. As part of the round, Insight Partners’ Managing Director Teddie Wardi will join Cognigy’s Board of Directors.

North West-headquartered Tactus Group, a specialist in the development of consumer technology products, has expanded into the US market with an investment into pi-top, the coding and robotics firm that specialises in improving digital skills in education. 

The Robot Exchange has secured a significant £500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (MEIF).  The Nottingham-based business supplies Robotic Process Automation (RPA) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure.

Cron AI, a leading DeepTech company building a 3D Data Edge perception platform, has raised $4 million as part of its Series A funding. The round was led by VenturEast and Kitaki Ventures, along with participation from existing investor, YourNest Venture Capital.

Foresight Group and Williams Advanced Engineering (WAE) have made an investment into Machine Discovery, an innovative University of Oxford spin-out commercialising new machine learning technology.

The investment  will be used to support the senior management team in taking Machine Discovery through its next stage of growth, assisted by Foresight Williams’ expertise in the sector. During the process, Oxford Technology introduced Bijan Kiani to the business.  Bijan was previously VP Product and Marketing at Synopsys, a NASDAQ listed Electronic Design Automation company focusing on advanced technologies for chip design, validation and application ($3.7bn revenue in 2020) and will take over as CEO.